Showing 1 - 10 of 878
This paper explores the power of personality traits both as predictors and as causes of academic and economic success, health, and criminal activity. Measured personality is interpreted as a construct derived from an economic model of preferences, constraints, and information. Evidence is...
Persistent link: https://www.econbiz.de/10013129922
comparable measure of permanent income as a basis for defining and measuring chronic poverty. This approach accounts for the fact … that individuals regularly undertake inter-period income transfers. Moreover, the approach allows for individual …
Persistent link: https://www.econbiz.de/10013317186
This paper focuses on the relation between the onset of disability and employment outcomes. We develop an event history model that includes unscheduled hospitalizations as a measure for unanticipated health shocks and estimate the model on data from the British National Child Development Study...
Persistent link: https://www.econbiz.de/10013317622
-cycle. Large persistent positive shocks early in life generate large wealth holdings for the top one percent of workers in an …
Persistent link: https://www.econbiz.de/10012948657
This paper examines the influence of parental wealth and income on children's college attendance and parental financing … parents and children. We find that higher levels of parents' wealth and income increase the likelihood that children attend … college with financial support relative to not attending college, and that parental wealth increases the likelihood that …
Persistent link: https://www.econbiz.de/10012909979
wealth-income ratios previously found by Piketty and Zucman (2014) for some very rich and large Western economies extend to … lower wealth levels than the rest of Europe, and the main explanation is that the Swedes were too poor to save their income … political institutions for the long-run evolution of wealth-income ratios …
Persistent link: https://www.econbiz.de/10013013591
olds, we estimate similar health gradients in income and wealth in both countries, but for 70-80 year old, we find no … income gradient in UK. Standard behavioral risk factors (work, marriage, obesity, exercise, and smoking) almost fully explain … income gradients among 55-64 years old in both countries and a significant part among Americans 70-80 years old. The most …
Persistent link: https://www.econbiz.de/10013141729
This paper develops a pseudo-panel approach to examine household electricity demand behavior through the household life … cycle and its response to income variations to help strengthen the energy policy-making process. Our empirical methodology … evidence that the income elasticity of French residential electricity demand is 0.22, averaged over our four cohorts of …
Persistent link: https://www.econbiz.de/10013251547
for fluctuations in income and out-of-pocket medical expenses, as well as financial wealth sufficient to buffer against … combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting …
Persistent link: https://www.econbiz.de/10013098821
This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using … pooled cross sections of German consumption survey data. Different components of wealth are distinguished, as their impact on … wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …
Persistent link: https://www.econbiz.de/10013105997